Tealtech Capital

Tealtech Capital, established in 2016, is a venture capital investment firm based in Moscow, Russia. The company focuses on supporting early-stage Russian startups, particularly those in the consumer market, by employing innovative and modern management practices. Tealtech Capital is distinguished as the first investment fund in Russia adhering to the "teal" principle, which emphasizes customer orientation and transparency in dealings with clients and investors. By acting as a strategic partner, Tealtech Capital aims to empower projects to achieve independence and sustainable growth.

Kirill Dudnikov

Investment Director

Stanislav Novikov

Investment Director

Stanislav Novikov

Investment Manager

Anna Slobodenyuk

Investment Director

Vladislav Usatenko

Investment Director

Past deals in Eastern Europe

Noun

Seed Round in 2022
Noun is a fashion retail store that offers women's clothing and accessories. The store produces goods in small limited batches and rotates the assortment several times per month to give the buyer exclusivity. It controls and optimizes all processes to ensure that always get the best price for the best goods. Their clothes are designed in Russia with the specifics of taste preferences and all of its country's features in mind.

Fomina Clinic

Venture Round in 2022
The Fomin Clinic is a federal network of multidisciplinary women's health clinics. It is beneficial at all levels of treatment, from outpatient to surgical. Fomin Clinic now has 19 medical centers with their own IT infrastructure in 12 cities across Russia, each with its own laboratories, expert ultrasound machines, and minimally invasive surgery equipment. Its doctors publish scientific articles, are doctors and candidates for medical sciences, teach at universities, and conduct research in Europe and the United States.

Fomina Clinic

Venture Round in 2021
The Fomin Clinic is a federal network of multidisciplinary women's health clinics. It is beneficial at all levels of treatment, from outpatient to surgical. Fomin Clinic now has 19 medical centers with their own IT infrastructure in 12 cities across Russia, each with its own laboratories, expert ultrasound machines, and minimally invasive surgery equipment. Its doctors publish scientific articles, are doctors and candidates for medical sciences, teach at universities, and conduct research in Europe and the United States.

Luxxy

Seed Round in 2021
Luxxy is a prominent player in the luxury consignment market in Russia, specializing in the resale of authenticated pre-owned luxury items, including clothing, footwear, accessories, jewelry, and watches. The platform serves a community of over 250,000 users, offering around 140,000 products from individual sellers at competitive prices. Luxxy's user-friendly app features various filters and detailed product descriptions to enhance the shopping experience. A team of experts ensures the authenticity of the items, while a flexible return policy allows customers to return products that do not meet their expectations. The platform features prestigious brands such as Chanel, Hermès, Louis Vuitton, Cartier, Rolex, and Van Cleef & Arpels, and consignors can earn 70-90% of the sale price. In addition to providing a marketplace for luxury goods, Luxxy aims to contribute to environmental sustainability in the fashion industry, which is known for its significant greenhouse gas emissions.

Luxxy

Seed Round in 2020
Luxxy is a prominent player in the luxury consignment market in Russia, specializing in the resale of authenticated pre-owned luxury items, including clothing, footwear, accessories, jewelry, and watches. The platform serves a community of over 250,000 users, offering around 140,000 products from individual sellers at competitive prices. Luxxy's user-friendly app features various filters and detailed product descriptions to enhance the shopping experience. A team of experts ensures the authenticity of the items, while a flexible return policy allows customers to return products that do not meet their expectations. The platform features prestigious brands such as Chanel, Hermès, Louis Vuitton, Cartier, Rolex, and Van Cleef & Arpels, and consignors can earn 70-90% of the sale price. In addition to providing a marketplace for luxury goods, Luxxy aims to contribute to environmental sustainability in the fashion industry, which is known for its significant greenhouse gas emissions.

DorogoBogato

Series B in 2020
DOROGOBOGATO is a Russian brand of women's clothing of the fast fashion segment.

Local Roots

Seed Round in 2019
Local Roots LLC is a Moscow-based company specializing in the production and sale of organic leafy vegetables and herbs. The company cultivates a variety of produce, including basil, arugula, mint, spinach, coriander, and various microgreens, in urban vertical farms designed to ensure a controlled, pesticide-free environment. Local Roots is committed to providing fresh, healthy food options to customers while also offering online shopping services for convenience.
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